NextDecade names GE tech supplier for LNG project

NextDecade names GE tech supplier for LNG project
Image courtesy of Rio Grande LNG

US LNG export player NextDecade has named GE Oil & Gas as the exclusive supplier of gas turbine and compressor equipment for the liquefaction trains of the Rio Grande LNG project and the associated Rio Bravo pipeline.

In addition to the gas turbine and compressor equipment GE Oil & Gas will provide long-term services, life-cycle maintenance, NextDecade said in its statement.

GE Oil & Gas is also providing NextDecade with a common equity investment, and is granted the right to invest up to a specified amount in project-level equity and debt financing for Rio Grande LNG at the time of final investment decision (FID).

NextDecade’s Rio Grande LNG export facility will have a production capacity of 27 mtpa at the Port of Brownsville, Texas. The company has up to date signed 30 mtpa of non-binding sales agreements for the project.

On April 18,  NextDecade entered into a definitive merger agreement with Harmony Merger Corp, which would result in NextDecade becoming a publicly listed company. The merger is expected to close late in the second quarter of 2017.

Share this article

Follow LNG World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >